Sam Altman is reportedly discussing giving the US government a 5% stake in OpenAI, worth roughly $320 per American household at current valuation. The proposal aims to address concerns that AI companies profit from human-generated work without compensating creators, and to provide a safety net against AI-driven labor market disruption. But details remain vague, and the offer may work better as political storytelling than actual policy. Meanwhile, a leaked Treasury report compares the AI market to the dotcom bubble, contradicting the administration’s public optimism. Samsung’s profits surged 1,800% on booming AI chip sales, yet shares slumped over fears the AI boom could stall. Illinois has signed the nation’s strongest frontier AI law to protect citizens from AI risks. Why it matters: These developments highlight a critical tension — the AI industry is generating enormous wealth and hype, but regulators and markets are growing wary of an unsustainable bubble and insufficient safeguards.